Pakistan: rising price of cement, steel hit construction markets
Expressing its concern over the ever-increasing prices of steel, cement and petroleum products, the
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New order for Beumer
Beumer has been awarded the contract for six central chain bucket elevators and four belt bucket.
Cimsa begins construction of silos at Alicante, Spain
Cimsa has started construction work on the first of nine vertical silos in Puerto Alicante, which have now
Locals support Lafarge plant in Meghalaya, Bangladesh
A day after several prominent organisations opposed transfer of tribal land to Lafarge in Meghalaya, local
Cemex UK launches carbon labelled cement
Cemex is the first cement company in the world to provide certified carbon labels for its cement.
Egypt: Suez and Torah to pay cash dividend
Suez Cement, Egypt’s largest listed cement maker, approved a cash dividend of E£3.3/share, the stock
China to eliminate 300Mt of cement capacity in three years
China plans to eliminate 300Mt of obsolete cement capacity over the next three years as part of its efforts
ACC to hike capacity by through brownfield projects, India
ACC is planning to ramp up its annual production capacity to 30Mt by the end of this financial year through
Yemen to see first Saudi factory opened in Hadramout
Saudi investors on Wednesday will open a US$260m cement factory with a production capacity of
Cement companies eye Rajasthan markets, India
Leading Indian cement companies are planning major expansion including setting up new plants in
Zhaoyuan Cement project update, China
China Shuangji Cement, Ltd, a leading producer of cement in Shandong and Hainan Provinces in China
Goldman Sachs trims price target on Italcementi, Buzzi
Analysts at Goldman Sachs on Wednesday cut the price targets on Italian producers Italcementi and Buzzi
Maple Leaf to issue shares to raise funds, Pakistan
The board of directors of Pakistan’s Maple Leaf cement Factory on Monday recommended that 153m
Anjani Cement expands plant, India
Anani Portland Cement has begun commercial production of its newly-expanded cement plant in
New order for Shade, Indonesia
The contract for the plant extension projects of PT Semen Tuban and PT Semen Tonasa was signed on
Iran to build cement, asphalt plants in Comoros
Iran intends to construct cement and asphalt producing plants in the South African state of Comoros, an
US construction spending falls further
Construction spending in February was estimated at a seasonally adjusted annual rate of US$846.2bn
Cemex to exchange as much as US$3bn bonds
Cemex plans to exchange as much as US$3bn of perpetual bonds for notes maturing in seven and 1
HeidelbergCement on acquisition trail, India
HeidelbergCement India Ltd has set aside INR8bn (US$180m) to buy mid-sized companies in India, the
Tong Yang Cement to merge with Golden Oil, South Korea
South Korea’s Tong Yang Cement Corp has decided to merge with Golden Oil Corp, a local mid-sized oil
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